Uht Milk Market - Segment, Analysis, Trend, Size, 2019

Reference Link: http://www.persistencemarketresearch.com/market-research/uht-milk-market.asp

Title: Demand from Asian Countries to Drive Global UHT Milk Market at 12.8% CAGR

New York City, New York, Oct 19, 2015: According to estimates from a new market study released by Persistence Market Research (PMR), titled “Global Market Study on UHT Milk: Asia Pacific to Witness Highest Growth by 2019”, the global UHT milk market is poised for a healthy compound annual growth rate of 12.8% from 2013 to 2019. The market, valued at US$60.8 billion in 2012, is estimated to be valued at US$137.7 billion in 2019.

Less requirement for refrigeration space than regular milk is the first and foremost advantage of UHT milk, which makes it the best option for milk preservation. Fresh milk requires chill chains or cold chains throughout the supply chain, right from procuring from dairy farms until it is processed, packed, and distributed to consumers. Even under refrigeration, fresh milk can be preserved only for days and hence is not viable for long-term storage.

Lack of cold chains or chill chains in China and India, which are the largest consumers of milk, opens opportunities for UHT milk market. Additionally, in India, poor road infrastructure and other logistical problems restrains the development of cold chains in the country.

Changing consumer habits and increasing Western influence is driving demand for UHT milk worldwide. In populous and rapidly developing Asian countries, higher disposable incomes and busy lifestyles have led to higher adoption of packaged foods and beverages. This has led to increased consumption of UHT milk in this region, due to its longer shelf life and consequent ease of use.

For dietary and health reasons, a new trend of consuming milk outside home, in schools, gymnasium, and on the sports field is catching up, which presents an opportunity for the global UHT milk market. In many schools, milk is provided to children to develop a healthy habit of...